Group 1 - J.LU INVESTMENTS LLC, a major shareholder of Sanbai Shuo, plans to transfer 13.8 million shares, representing 5.66% of the company's total equity, to Zhejiang Qihou Asset Management Co., Ltd. [1] - After the transfer, J.LU will hold approximately 33.78 million shares, which will account for 13.86% of the total equity, and 13.93% when excluding repurchased shares [1] - For the first half of 2025, Sanbai Shuo's revenue will be entirely derived from sports equipment, with a 100% contribution from this segment [1] Group 2 - The current market capitalization of Sanbai Shuo is 3.7 billion yuan [2]

Group 1 - The company Sanbaisuo (SZ 001300) announced on August 20 that Mr. Fang Ruizheng has resigned from his position as the Secretary of the Board for personal reasons. After his resignation, he will not hold any position within the company [2] - For the first half of 2025, Sanbaisuo's revenue composition is entirely from sports goods, accounting for 100.0% [2]